11 Best Foundation Companies in Martinsville, VA

On average, Martinsville homeowners pay about $3,041 for foundation repair, although the actual cost will depend on several factors. The fastest way to get an estimate for the cost of your specific project is to get quotes from a few local foundation repair companies. Your total cost will be determined by things like the size of your house and type of repair(s) needed.

The main types of foundation repair include crack repair, leak repair, underpinning, stabilization, and waterproofing.

Crack repair and leak repair are what they sound like: your foundation repair expert will perform an inspection and take necessary measures to remedy cracks or leaks. Costs will vary depending on the size and cause of the problem.

Underpinning, also called leveling or piering, is the process of leveling your foundation by underpinning it with large concrete piers. The amount you can expect to spend depends on how many piers are needed. The price of stabilization varies similarly. This process fixes bowing walls by reinforcing them with carbon fiber or steel strips, and the total cost will depend on the material chosen and how many strips are used.

Finally, waterproofing is an overarching term for a number of jobs intended to prevent water from getting into your foundation. This can include exterior waterproofing, interior waterproofing, or both, and the price can vary greatly. We recommend contacting a waterproofing specialist if you're interested in waterproofing your foundation.

If you're constructing a new house, have a soil report completed. This report contains information about how well the soil on a given piece of land can support a foundation, and can give you a heads-up about potential future issues. If you have concerns about an existing house, for a few hundred dollars, you can get an inspection and report by a structural engineer. The engineer can point you to any current problems that could use some attention, and give you advice on how to avoid future problems.

Also ensure that the moisture around your foundation is at an appropriate level. Don't let the soil around your Martinsville home get too dry or too wet; at different times, you might find yourself having to reroute your gutters or water your foundation. Also, be on the lookout for leaky gutters or pipes and repair them quickly.

Your foundation repair provider should be the one obtaining the permits. You can ask the company to provide a detailed explanation of its process and to see the permits and paperwork it has acquired to ensure everything is properly authorized per Martinsville regulations.

Sometimes, foundation repairs can be considered capital improvements if they fit the criteria of an improvement that adds to a home's overall value, prolongs its life, or adapts it to new uses. Making capital improvements sometimes allows you to qualify for tax breaks. (Contact your Virginia tax professional to learn more.) This aside, foundation repairs will, in most cases, positively affect the value of your home.

Typically, your home insurance won't cover foundation repairs, except for those done to repair damage resulting from a covered weather event. We strongly suggest talking to your home insurance company before you start any foundation repairs.